Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(ShivBimetal) Shiv Bimetal complete technical analysis [charts+indicators] | Buy/Sell Shiv Bimetal | (ShivBimetal) share price targets

Complete technical analysis of Shiv Bimetal (ShivBimetal) by charts plus indicators, forecast predictions and share price targets for Shiv Bimetal (ShivBimetal)

Showing technical analysis as on 2024-02-28 View latest technical analysis

10 day averaged volume of Shiv Bimetal is 6560

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	537.15	543.60	553.20	534.45	0.829 times
27 Tue Feb 2024	550.05	552.35	558.90	549.55	0.938 times
26 Mon Feb 2024	552.35	559.75	561.90	549.35	0.437 times
23 Fri Feb 2024	555.30	543.30	557.90	543.30	1.593 times
22 Thu Feb 2024	546.45	543.45	549.10	536.25	0.625 times
21 Wed Feb 2024	541.85	552.90	555.45	540.90	0.675 times
20 Tue Feb 2024	550.60	558.65	560.85	548.95	0.407 times
19 Mon Feb 2024	553.70	559.75	565.40	550.55	1.859 times
16 Fri Feb 2024	552.85	552.75	555.45	542.55	0.701 times
15 Thu Feb 2024	540.90	548.00	553.25	539.20	0.73 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 541, but if it comes above 541, then a intra day buy could be more profitable.
If you take a sell trade below 541, then use 541 as stoploss and 523.3 as target. However if you take a buy trade in stock , then use 541 as stoploss and 555.68 as target.

Share price targets for Shiv Bimetal (ShivBimetal)

Target Type	Value
Downside Target	492.00
Downside Target	502.10
Downside Target	516.90
Upside Target	547.55
Upside Target	561.90
Upside Target	565.40
Upside Target	566.00
Upside Target	566.05
Upside Target	598.35
Upside Target	599.90
Upside Target	615.00

Intraday share price targets for Shiv Bimetal (ShivBimetal)

Target Type	Value
Downside Intraday Target	527.1
Downside Intraday Target	517.05
Upside Intraday Target	554.55
Upside Intraday Target	571.95
Upside Intraday Target	544.5

Weekly technical analysis of Shiv Bimetal (ShivBimetal)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	537.15	559.75	561.90	534.45	0.427 times
23 Fri Feb 2024	555.30	559.75	565.40	536.25	0.631 times
16 Fri Feb 2024	552.85	564.70	566.05	516.90	0.641 times
09 Fri Feb 2024	551.30	586.85	598.35	525.35	1.437 times
02 Fri Feb 2024	580.35	555.85	599.90	555.85	0.783 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Shiv Bimetal (ShivBimetal)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	537.15	595.55	599.90	516.90	0.413 times
31 Wed Jan 2024	588.90	568.85	615.00	547.55	2.312 times
29 Fri Dec 2023	550.05	557.85	560.00	520.55	0.882 times
30 Thu Nov 2023	552.90	523.80	566.00	502.10	1.014 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Shiv Bimetal (ShivBimetal)

Price action analysis of Shiv Bimetal ( (ShivBimetal) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Shiv Bimetal ( (ShivBimetal) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Shiv Bimetal ( (ShivBimetal) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Shiv Bimetal ( (ShivBimetal) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Shiv Bimetal stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Shiv Bimetal in short term and the sell signal is strong.

Shiv Bimetal Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Shiv Bimetal in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Shiv Bimetal is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 549.27 and Shiv Bimetal (ShivBimetal) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Shiv Bimetal (ShivBimetal) stock. Volume based technical analysis of Shiv Bimetal (ShivBimetal) stock is negative.

Shiv Bimetal Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.